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World War II shows slack in the workforce because men were at war and women were producing goods that went to help the war•Balance between output and buying power (Economic Reports, 2018)
ECO 202Fiscal Policy Actions(Sorscher, S, 2017)
ECO 202Fiscal Policy Actions Cont…•Federal Aid Highway Act 1956• Merge of AFL-CIO Unions •Social Security Changes• Reorganization of Reorganization Act of 1949• Slum Removal’ and ‘Urban Renewal’ Semuels, A. (2016, March 18)
ECO 202Fiscal Policy Impact•Did the Highway Act work?•Was this decade actually good?•Business technology changes•Social Security and Welfare programs•Taxes and consumer changes
ECO 202Monetary Policy•Price Stability –inflation•Economic and Employment Growth•William McChesney Martin – Federal Reserve Chairman 1951-1970•Expansionary Monetary Policy
ECO 202Monetary Policy Actions•Lean Against the Wind Policy•Stable Economy•Low Inflation Rates•Central Banking System•Federal Reserve Independent•No political pressure•Balance interest rates and budgets•Booming consumerism
ECO 202Monetary Policy Impact•Employment increase•Increase of health services and suburban living•Increase production of consumer goods•Televisions•Cars•Houses•Appliances
ECO 202Conclusion•Interest Rates•Rise of Consumerism•Fiscal Policies(Staff, A 2017)
ECO 202Agree/Disagree Agree with the decade of 1950-1959s because•Improvements to roads•Low unemployment rate•Increase of monetary funds by the Federal ReserveThis decade setup a positive start to 1960s. Keeping the unemployment rates low which made the government and the U.S. people feel hopeful for their futures.
ECO 202References 1•1950s Inventions. (n.d.). Retrieved September 30, 2018, from •A&E. (2010, May 27). The Interstate Highway System. Retrieved September 30, 2018, from